$GBPUSD possible 200pip break Short

British Pound/U.S. DollarFXCM

Description

⋅ Jun 27, 2014 2:01 PM

4H Chart: Here I'll be looking for an entry at 1.7050 with a 100 pip SL and a 200 pip TP. Next order I'll jump back in at 1.7090 for a 50 to 100 pip stop and around 250 profit .

USD (US Dollar)forecast signal

Comments

JohnPalmer

⋅ Jun 27, 2014 2:06 PM

On it like Suarez at Pizza Hut.....!

zcsniper

⋅ Jun 27, 2014 2:06 PM

Haha. Delicious gainings!

ZenMasterFX

⋅ Jun 27, 2014 3:53 PM

I see a lot of support at 1.69826. The trend is still very bullish. This trade is a correction to a trend. Good luck.

zcsniper

⋅ Jun 27, 2014 3:59 PM

I'm personally in for the first initial break through- but looking at the daily you can see it building up, weekly too